Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers for the week:
On this episode of Stock Movers:

- Chewy (CHWY) shares are down as much as 8.8% on Tuesday, hitting their lowest intraday level since May 2024, after the online pet retailer presented at the JPMorgan Technology, Media & Communications Conference. The company provided some cautious commentary during the event, saying that it’s seeing a more “stretched” consumer now than it did at the beginning of the year.

- Costco Wholesale (COST) remains well-positioned to gain market share on its strong value and steady demand for essentials, though higher fuel prices may pressure near-term margins, Oppenheimer said Tuesday in a report. Oppenheimer expects fiscal Q3 earnings of $4.75 a share, trailing the Wall Street consensus of $4.98, as higher fuel costs and a heavier e-commerce and pharmacy mix may outweigh a benefit from inventory accounting. Results are due May 28.

-Crowdstrike (CRWD) shares are edging higher on Tuesday, hitting a new all-time high as buyers lean into fresh bullish analyst commentary.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Euronext shares gain 6.4%, most since July 2023, after the stock market operator reported what analysts say are strong 1Q earnings, driven by better revenues and costs.
- Marks & Spencer expects annual profit to exceed the level seen before the British fashion and food chain was knocked off course by a cyberattack last year.
- CSG NV reported revenue for the first quarter of EU1.54 billion vs. EU1.36 billion y/y.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Amer Sports (AS) said consumers prioritizing their health and looking for premium products are sustaining demand through an unfavorable economic climate. Amer Sports, home to the Arc’teryx, Salomon and Wilson brands, raised its full-year guidance after first-quarter results beat estimates. Shares rose as much as 8.2% in New York.
- Cisco (CSCO) shares slipped after Chief Financial Officer Mark Patterson warned that the company would see “ups and downs” with its gross profit margin as it pushes further into AI infrastructure. The company’s move to supply hardware equipment to so-called hyperscalers — the largest data center operators — “comes at a different gross margin play,” he said during a JPMorgan Chase & Co. technology conference.
- Chewy (C) shares slipped in trading on Tuesday, hitting their lowest intraday level since May 2024, after the online pet retailer presented at the JPMorgan Technology, Media & Communications Conference. The company provided some cautious commentary during the event, saying that it’s seeing a more “stretched” consumer now than it did at the beginning of the year.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market, a look at the notable movers for the week:

On this episode of Stock Movers:
- Chewy (CHWY) shares are down as much as 8.8% on Tuesday, hitting their lowest intraday level since May 2024, after the online pet retailer presented at the JPMorgan Technology, Media & Communications Conference. The company provided some cautious commentary during the event, saying that it’s seeing a more “stretched” consumer now than it did at the beginning of the year.

- DoorDash (DASH) shares extend drop to as much as 4.9% after Business Insider X post that Walmart’s Spark service now includes delivering food from in-store restaurants like McDonald’s.

-Relay Therapeutics (RLAY) shares rise 13% in premarket trading after the drug developer gave initial clinical data from a mid-stage trial to treat vascular anomalies. TD Cowen calls the data “best case scenario.”
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Home Depot (HD) shares fall. Sales at Home Depot locations open at least a year rose 0.6% during the three months ended May 3, slightly below analysts' estimates. Home Depot's business has been hit by elevated interest rates and high housing prices, leading Americans to take on smaller projects instead of extensive remodels.
- Amer Sports (AS) shares rise. Amer Sports Inc. said consumers prioritizing their health and looking for premium products are sustaining demand through an unfavorable economic climate. The company raised its full-year guidance after first-quarter results beat estimates, and now expects revenue to grow to a certain range in 2026.
- Hyperliquid Strategies (PURR) shares rise as the Securities and Exchange Commission is said to ready plans for trading crypto versions of stocks. The US SEC is expected to release its so-called innovation exemption for tokenized stocks as soon as this week, creating a new framework for betting on the fortunes of publicly traded companies, according to people familiar with the matter.
See omnystudio.com/listener for privacy information.